In The News

August 31, 2015 – CEO Jonathan Ellenthal discusses Walker Innovation’s service offerings and how utilizing external resources can play an irreplaceable role in driving both innovation and product development.

May 21, 2015 – Patent Properties Executive Chairman Jay Walker addressed attendees of Innovation Enterprise’s May 2015 Chief Innovation Officer Summit. Jay delivered an enlightening talk on “Innovating Innovation” and discussed new strategies that make it possible for companies to find ideas, experts and innovations from other industries to solve business problem.

May 18, 2015 – Jay Walker, Patent Properties executive chairman, discusses the importance of networking to connect individuals and businesses with new ideas, people and organizations to solve problems, increase productivity and spur innovation.

April 22, 2015 – Robert Litan, chief economic adviser to Patent Properties, discusses the Big Data breakthroughs that The United States Patent Utility is leveraging to help companies of all sizes locate the latest innovations.

April 22, 2015 – Patent Properties Executive Chairman, Jay Walker, discusses how the U.S. patent system has been “weaponized” through excessive litigation and how manufacturers can leverage Big Data capabilities through The United States Patent Utility to promote innovation.

April 6, 2015 – Jay Walker, Patent Properties Chairman and Jon Ellenthal, CEO, discuss identifying new sources of innovation during a webinar with the Product Development and Management Association. Jay and Jon focus on the competitive importance of an Innovation Service Provider and how to access third party R&D for more cost effective innovation.

February 20, 2015 – Patent Properties Executive Chairman Jay Walker discusses how The United States Patent Utility will help companies improve products and services, while boosting American competitiveness.

February 17, 2015 – Hear Jay Walker, serial entrepreneur, best known as the creator of Priceline and the world’s 11th most patented living inventor, talk about the importance of innovation and unlocking the world’s greatest library of technical knowledge — America’s 2+ million patents. Mr. Walker, along with Jon Ellenthal, Patent Properties Vice Chairman & CEO and Tyron Stading of Innography led a discussion around the importance of innovation and how to stay ahead of the competition.

February 17, 2015 – Jon Ellenthal, Vice Chairman and Chief Executive Officer at Patent Properties, explains how the United States Patent Utility – a voluntary licensing marketplace for patent owners and users alike – could help more businesses to exploit the licensing potential inherent in their patents.

January 28, 2015 — Priceline founder and Patent Properties executive chairman, Jay Walker, discusses how The United States Patent Utility will help both owners and users of patents unlock innovation without the threat of litigation.

January 26, 2015 — Patent Properties has launched The United States Patent Utility™, a big data-driven subscription service that makes the economic benefits of the U.S. patent database available to companies of all sizes. The Utility will allow patented technologies that are marginally or modestly valuable to become commercially useful in the right hands.

January 22, 2015 – Patent Properties Executive Chairman, Jay Walker, has introduced a new service for companies to license the use of their patents or to obtain a license to use patents owned by others. The service, The United States Patent Utility™, which charges a monthly subscription, has attracted a handful of initial users including Microsoft, Harman International Industries and Goodway Technologies.

January 6, 2015 – Jay Walker is recognized as one of the IAM IP personalities of 2014 for his advocacy for the patent market and for his message on the problems of a dysfunctional patent system. Walker and his team at Patent Properties are also recognized for the innovation of The U.S. Patent Utility, which aims to help the vast majority of patent owners who never see a return on their patented inventions monetize their IP.

January 5, 2015 – For the vast majority of smaller and mid-sized businesses, patents represent not a treasure trove of new technical knowledge but a growing multi-trillion-dollar database filled with infringement risk. Confining the commercialization of invention to the risky and hugely expensive machinery of our court-centered licensing system is severely retarding innovation, not promoting it.

January 2, 2015 – The Washington Post’s Brian Fung talks with Patent Properties executive chairman and Priceline founder Jay Walker about how his work with Priceline alerted him to the problems with the patent licensing system, and how The United States Patent Utility will help spur licensing activity and innovation.

November 14, 2014 – IAM’s Richard Lloyd explains the United States Patent Utility’s goal to help small and mid-sized businesses unlock the value in their patents. New research shows that a 10% to 20% rise in patent licensing revenues will result in social gains of up to $200 billion.

November 12, 2014 – An important new study by two of the nation’s most respected economists, Robert Litan of the Brookings Institution and Hal Singer of Economists, Inc., was released providing a framework for the economic possibility of future American innovation.

November 6, 2014 – Patent Properties Executive Chairman Jay Walker explains the rationale behind the United States Patent Utility and its objective to enable intellectual property to become a primary driver of economic growth.

September 26, 2014 – Jon Ellenthal, CEO of Patent Properties, responds to a request from the White House for public input into an update of the Strategy for American Innovation, explaining how putting the patent licensing system online can reduce the barrier to entry.

September 22, 2014 – Jay Walker has developed a voluntary, market-based alternative to today’s failed patent licensing system – one that makes the benefits of patents available to a much broader universe of mid-size and smaller companies.

August 18, 2014 – It is incumbent upon America’s entrepreneurs and inventors to take the fight out of patent licensing, to develop a system where patent owners see a fair return on their investment and users can license relevant patents in good faith at reasonable prices.

August 15, 2014 – Patent Properties Executive Chairman Jay Walker & Chief Executive Officer Jon Ellenthal explain how they plan to replicate in the intellectual property and patent world what ASCAP did in the music world.

September/October 2014 – Patent Properties Vice Chairman & Chief Executive Officer Jon Ellenthal weighs in on the “litigation or bust” model of patent monetization, one of the biggest roadblocks to capturing the next wave of IP value.

July 28, 2014 – Patent Properties Executive Chairman Jay Walker explains how the vast majority of active patents are frozen out of the economy and why the private industry needs to step up to bring innovation back into the marketplace.

July 17, 2014 – In a three-part series, Gene Quinn of IP Watchdog talks with Jay Walker and Jon Ellenthal about the creation of a no-fault patent licensing system that will help innovators monetize patents through a uniform licensing regime.

July 7, 2014 – Jon Ellenthal, CEO of Patent Properties, wants to create ASCAP for patents. Just as the song-licensing entity generates ongoing royalties for musicians, the United States Patent Utility will generate a large volume of low-cost licenses for patents.

June 18, 2014 – While there are changes that clearly should be made to the system for granting or litigating patents, the real patent crisis in America is one of licensing, or more accurately, the lack of patent licensing.

June 10, 2014 – Jay Walker discusses the perils of the U.S. patent process, the state of innovation in America, explains why most innovation is never seen by the public and marketplace and his efforts to innovate the insurance industry.

May 5, 2014 – Patent Properties Executive Chairman Jay Walker discusses how America’s current patent licensing system is stifling innovation, and explains why the company’s new venture will help boost American competitiveness.

May/June Issue – Patent Properties Executive Chairman Jay Walker explains how his new company is working to unlock millions of unlicensed patents – the springboards to innovation, business expansion and greater economic competitiveness.

April 3, 2014 – Patent Properties Vice Chairman & Chief Executive Officer Jon Ellenthal participates on a panel discussion at American Enterprise Institute Conference in the U.S. Senate on the future of patents and innovation.

April 1, 2014 – Patent Properties Executive Chairman Jay Walker continues to drill down into the importance of patents to our economy, discussing the need for the private sector to step up and get the 2.1 million patents that are currently sitting on the sidelines licensed into our economy.

March 25, 2014 – Patent Properties’ CEO Jon Ellenthal explains to IAM that the vast majority of patents are underutilized due to a broken patent licensing model, and the current legal system acts as a high-cost barrier to most patent owners and a major drag on innovation and the U.S. Economy.

March 5, 2014 – There are more than 2 million active U.S. patents, representing trillions of dollars of R&D investment, but the patent market is massively inefficient so all this innovation is lost or frozen, says Jay Walker, Chairman of Patent Properties and founder of Priceline.

March 5, 2014 – Jay Walker, chairman and lead inventor of Patent Properties Inc. and founder of Priceline.com Inc., says 95% of U.S. patents do not generate any money. Walker talks with Bloomberg’s Pimm Fox and Carol Massar on Bloomberg Radio’s “Taking Stock”.

February 12, 2014 – Patent Properties Executive Chairman Jay Walker discusses the millions of patents sitting on the sidelines and how the private sector is offering an innovative solution that is beneficial for job growth, new products and our economy.

January 21, 2014 – Robert Litan, Director of Research at Bloomberg Government, discusses how Jay Walker and Patent Properties is tackling head-on our nation’s broken patent licensing system through a unique and innovative approach that is a win-win for inventors and patent users.

December 2, 2013 – Jay Walker discusses America’s broken patent licensing system and how Patent Properties is providing an innovative solution that is a win-win for patent owners, patent users and to those who benefit from using their inventions.

December 2, 2013 – Jay Walker, Executive Chairman and Lead Inventor at Patent Properties, discusses the future of e-commerce on Cyber Monday and how it is poised to become more social, interactive, immersive and enjoyable for consumers.

Press Releases

Stamford, CT – August 3, 2017 – Walker Innovation Inc. (OTCQB: WLKR), which develops and commercializes its unique portfolio of intellectual property assets through licensing and enforcement operations and has initiated an effort to acquire one or more operating businesses, today announced second quarter 2017 results.

Stamford, CT – June 5, 2017 – Walker Innovation Inc. (OTCQB: WLKR), which develops and commercializes its unique portfolio of intellectual property assets through licensing and enforcement operations and has initiated an effort to acquire one or more operating businesses, today announced that it has raised an additional $16.8 million in funds from agreeing to the redemption of the remainder of its stake in The Upside Commerce Group LLC by Upside.

Stamford, CT – May 5, 2017 – Walker Innovation Inc. (OTCQB: WLKR), which develops and commercializes its unique portfolio of intellectual property assets through licensing and enforcement operations and has initiated an effort to acquire one or more operating businesses, today announced first quarter 2017 results.

Stamford, CT – March 20, 2017 – Walker Innovation Inc. (OTCQB: WLKR), an innovation services firm that seeks to help companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced that its Chief Executive Officer Jonathan Siegel will be nominated to join the Company’s Board of Directors at the Company’s upcoming Annual Meeting.

Stamford, CT – February 7, 2017 – Walker Innovation Inc. (OTCQB: WLKR), an innovation services firm that seeks to help companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced fourth quarter and full year 2016 results.

Stamford, CT – December 6, 2016 – Walker Innovation Inc. (OTCQB: WLKR), an innovation services firm that helps companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced that it has raised an additional $2.5 million from the sale of 1.25 million shares of Class A Common Stock in The Upside Commerce Group (“Upside”). The Company partially exercised its warrant to acquire the shares of Class A Common Stock at a price of $0.06 per share.

Stamford, CT – November 28, 2016 – Walker Innovation Inc. (OTCQB: WLKR), an innovation services firm that helps companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced that it raised $4.9 million from the sale of 2.5 million shares of Class A Common Stock in The Upside Commerce Group (“Upside”). The Company partially exercised its warrant to acquire the shares of Class A Common Stock at a price of $0.06 per share.

Stamford, CT – November 7, 2016 – Walker Innovation Inc. (OTCQB: WLKR), an innovation services firm that helps companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced third quarter 2016 results.

Stamford, CT – August 8, 2016 – Walker Innovation Inc. (OTCQB: WLKR), an innovation services firm that helps companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced second quarter 2016 results.

Stamford, CT – May 10, 2016 – Walker Innovation Inc. (OTCQB: WLKR), an innovation services firm that helps companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced first quarter 2016 results.

Stamford, CT – March 31, 2016 – Walker Innovation Inc. (OTCQB: WLKR), an innovation services firm that helps companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced that as part of its effort to reduce costs and focus its business development efforts, the Company has ceased operations of its Haystack IQ product.

Stamford, CT – March 15, 2016 – Walker Innovation Inc. (OTCQB: WLKR) (“Walker Innovation” or the “Company”), an innovation services firm that helps companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, today announced fourth quarter and full year 2015 results.

Stamford, CT – March 1, 2016 – Walker Innovation Inc. (OTCQB: WLKR) (“Walker Innovation” or the “Company”), an innovation services firm that helps companies improve their internal product and business development efforts and also owns a portfolio of its own intellectual property, announced that it would report its fourth quarter 2015 results after the market closes on Tuesday, March 15, 2016 and will host a conference call and live webcast to discuss the results on that day at 4:30 PM Eastern Time.

Stamford, CT – November 10, 2015 – Walker Innovation Inc. (OTCQB: WLKR) (“Walker Innovation” or the “Company”), an intellectual property company that launched Haystack IQ™, its Big Data-driven subscription service that makes the global stockpile of science and technology innovation available to companies of all sizes, today announced third quarter 2015 results.

Stamford, CT – November 3, 2015 – Walker Innovation Inc. (OTCQB: WLKR) (“Walker Innovation”), an intellectual property company that launched Haystack IQ™, its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes, today announced that it would report its third quarter 2015 results before the market opens on Tuesday, November 10, 2015 and will host a conference call and live webcast to discuss the results on that day at 8:30 AM Eastern Time.

Stamford, CT – August 11, 2015 – Walker Innovation Inc. (OTCQB: PPRO), an intellectual property company that launched Haystack IQ™, its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes, today announced that it will change the ticker symbol of its common stock listed on the OTCQB from “PPRO” to “WLKR”. The change will become effective at the start of trading on August 12, 2015.

Stamford, CT – August 6, 2015 – Walker Innovation Inc., formerly known as Patent Properties, Inc. (OTCQB: PPRO) (“Walker Innovation” or the “Company”), an intellectual property company that launched The United States Patent Utility (the “Patent Utility”), its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes, today announced second quarter 2015 results.

Stamford, CT – July 20, 2015 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that recently launched The United States Patent Utility, its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes – without involving the court system, today announced that it would report its second quarter 2015 results before the market opens on Thursday, August 6, 2015 and will host a conference call and live webcast to discuss the results on that day at 8:30 AM Eastern Time.

Stamford, CT – May 22, 2015 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that recently launched The United States Patent Utility, its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes – without involving the court system, today announced that its Chief Executive Officer Jon Ellenthal and Chief Financial Officer Kara Jenny would be presenting and participating at the following conferences…

Stamford, CT – May 12, 2015 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that recently launched The United States Patent Utility, its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes – without involving the court system, today announced first quarter 2015 results.

Stamford, CT – April 28, 2015 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that recently launched The United States Patent Utility, its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes – without involving the court system, today announced that it would report its first quarter 2015 results after the market closes on Tuesday, May 12, 2015 and will host a conference call and live webcast to discuss the results on that day at 4:30 PM Eastern Time.

Stamford, CT – April 2, 2015 – Patent Properties, Inc. (OTCQB: PPRO) announced today that Intellectual Ventures, a Seattle-based company devoted to the business of invention, has agreed to list several thousands of its patents with The United States Patent Utility, a Big Data software-driven innovation service available to companies of all sizes operated by Patent Properties.

Stamford, CT – March 23, 2015 – Patent Properties, Inc. (OTCQB: PPRO) (“Patent Properties”), an intellectual property company that recently launched The United States Patent Utility™ (the “Patent Utility”), its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes – without involving the court system – today announced that its Executive Chairman Jay Walker and its Vice Chairman and Chief Executive Officer Jonathan Ellenthal have each entered into 10b5-1 plans to acquire shares of Patent Properties common stock consistent with SEC Rule 10b-18’s timing, volume and price limitations.

Stamford, CT – March 11, 2015 – Patent Properties, Inc. (OTCQB: PPRO) (“Patent Properties” or the “Company”), an intellectual property company that recently launched The United States Patent UtilityTM (the “Patent Utility”), its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes – without involving the court system, today announced fourth quarter 2014 and full year 2014 results.

Stamford, CT – February 17, 2015 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that recently launched The United States Patent Utility™, a disruptive licensing solution for the mass market of patent owners and users, today announced that it would report its fourth quarter 2014 results before the market opens on Wednesday, March 11, 2015 and will host a conference call and live webcast to discuss the results on that day at 8:30 AM Eastern Time.

Stamford, CT – February 4, 2015 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that recently launched The United States Patent Utility™, a disruptive licensing solution for the mass market of patent owners and users, today announced that Dr. Robert E. Litan, a Non-Resident Fellow at the Brookings Institution, will serve as the company’s Chief Economist.

Stamford, CT – January 21, 2015 – Patent Properties, Inc. (OTCQB: PPRO) announced today the public launch of “The United States Patent Utility™,” its Big Data-driven subscription service that makes the economic benefits of America’s patent database available to companies of all sizes – without involving the court system.

Stamford, CT – December 3, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and has introduced a disruptive licensing solution for the mass market of patent owners and users, announced today the release of a report it commissioned by ipCapital Group identifying the sizable opportunity for “The United States Patent Utility™.” The Utility is Patent Properties’ Big Data-driven software system, currently in beta version, to unlock America’s treasure trove of inventions.

Stamford, CT – November 20, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and has introduced a disruptive licensing solution for the mass market of patent owners and users, today announced that its Vice Chairman and Chief Executive Officer Jonathan Ellenthal will be presenting at the LD Micro Conference on Wednesday, December 3, 2014 at the Luxe Hotel in Los Angeles. The presentation will begin at 5:00 PM Pacific Time.

Stamford, CT – November 13, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is introducing a disruptive licensing solution for the mass market of patent owners and users, today announced third quarter 2014 results.

Stamford, CT — November 12, 2014 — “Today an important new study by two of the nation’s most respected economists, Robert Litan of the Brookings Institution and Hal Singer of Economists, Inc., was released providing a framework for the economic possibility of future American innovation. I encourage anyone hoping to see stronger economic growth for our nation to examine this vital study,” said Jay S. Walker, Executive Chairman of Patent Properties, Inc., (OTCQB:PPRO) chief designer of The United States Patent Utility™ and founder of priceline.com.

Stamford, CT – October 30, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced that it would report its third quarter 2014 results before the market opens on Thursday, November 13, 2014 and will host a conference call and live webcast to discuss the results on that day at 8:30 AM Eastern Time.

Stamford, CT – September 24, 2014 – Jon Ellenthal, Vice Chairman and Chief Executive Officer of Patent Properties, submitted a response on September 23, 2014 to the White House Office of Science and Technology Policy and the National Economic Council’s request for public input into an upcoming update of the Strategy for American Innovation.

Stamford, CT – August 26, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of intellectual property assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced that its Vice Chairman and Chief Executive Officer Jonathan Ellenthal will be presenting at Liolios Group’s 3rd Annual Gateway Conference on Thursday, September 4, 2014 at the Palace Hotel in San Francisco.

Stamford, CT – August 12, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced second quarter 2014 results.

Stamford, CT – August 5, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced that it would report its second quarter 2014 results after the market closes on Tuesday, August 12, 2014.

Stamford, CT – May 28, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, announced today the appointment of two members to its senior management team. Kara Jenny joins the Company as its Chief Financial Officer, effective immediately. In addition, Jonathan Siegel has been appointed Chief Administrative Officer and General Counsel.

Stamford, CT – May 27, 2014 – Patent Properties, Inc. (OTCQB: PPRO) today announced that its Executive Chairman Jay Walker will be participating in a panel entitled “The New Era for IP Licensing Business Models” at the Cowen & Company 42nd Annual Technology, Media & Telecom Conference on Wednesday, May 28, 2014 at the Palace Hotel in New York City. The panel will begin at 4:15 PM Eastern Time.

Stamford, CT – May 15, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced first quarter 2014 results.

Stamford, CT – May 12, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, announced today the appointment of Robert “Bob” L. Stoll, former USPTO Commissioner for Patents, to Chair the Advisory Board of The United States Patent Utility™.

Stamford, CT – May 9, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, announced today it has officially partnered with Innography, Inc., a premier provider of Intellectual Property Business Intelligence (IPBI) software.

Stamford, CT – May 8, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced that it would report its first quarter 2014 results before the market opens on Thursday, May 15, 2014. The company will host a conference call and live webcast to discuss the results on that day at 9:00 AM Eastern Time.

Stamford, CT – April 29, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced that its Vice Chairman and Chief Executive Officer Jonathan Ellenthal will be presenting at the Sidoti & Company Semi-Annual Microcap Conference on Friday, May 9, 2014 at the Grand Hyatt in New York City. The presentation will begin at 1:20 PM Eastern Time.

Stamford, CT – April 24, 2014 – At a recent American Enterprise Institute conference, Jon Ellenthal, CEO of Patent Properties, participated in a panel meeting with Senate and House staff to discuss America’s patent litigation and innovation challenges. This event was held as Congress looks in the upcoming months to pass its second patent reform bill in less than four years.

Stamford, CT – March 31, 2014 – Patent Properties, Inc. (OTCQB: PPRO) (“Patent Properties” or the “Company”), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced fourth quarter 2013 results.

Stamford, CT – March 24, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced that it would report its fourth quarter 2013 results before the market opens on Monday, March 31, 2014. The company will host a conference call and live webcast to discuss the results on that day at 9:00 AM Eastern Time.

Stamford, CT – March 4, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, announced today that Jay Walker, Executive Chairman and Lead Inventor of Patent Properties, has been named a 2013 Fellow of the National Academy of Inventors (NAI).

Stamford, CT – February 11, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, announced today that its majority shareholder Walker Digital, LLC agreed to sell 5,000,000 shares of Patent Properties’ common stock at $3.00 per share to various investors. The transaction is expected to close later this week and Patent Properties has agreed to seek to register such shares by August 1, 2014.

Stamford, CT – January 21, 2014 – Patent Properties, Inc. (OTC BB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of asserts and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced that Jay Walker, Executive Chairman and Lead Inventor of Patent Properties, has joined the Board on Science, Technology and Economic Policy (STEP) of the United States National Academy of Sciences.

Stamford, CT – January 10, 2014 – Patent Properties, Inc. (OTCQB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced it has named Paul Citarella as its Chief Technology Officer.

Stamford, CT – December 3, 2013 – Patent Properties, Inc. (OTC BB: PPRO), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today recognized the addition of four new directors to its Board of Directors. Sharon Barner, Robert Kelly, Nathaniel J. Lipman and Harvey W. Schiller, Ph.D. join Jay Walker, Executive Chairman of the Board and Jonathan Ellenthal, Vice Chairman of the Board and Chief Executive Officer, as directors.

Stamford, CT – November 14, 2013 – Patent Properties, Inc. (OTC BB: GLOI), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced third quarter and nine-month results for the period ended September 30, 2013.

Stamford, CT – November 11, 2013 – GlobalOptions Group, Inc. d/b/a Patent Properties, Inc. (OTC BB: GLOI), an intellectual property company that develops and commercializes its unique portfolio of assets and is creating a disruptive licensing solution for the mass market of patent owners and users, today announced that it would report its third quarter 2013 results after market close on Thursday, November 14, 2013 and will host a conference call and live webcast to discuss the results on Friday, November 15, 2013 at 9:00 AM Eastern time.

Stamford, CT – September 18, 2013 – GlobalOptions Group, Inc. (“GlobalOptions”) (OTC BB: GLOI) and Walker Digital Holdings, LLC, a wholly-owned subsidiary of Walker Digital, LLC (“Walker Digital”), announced today that they have completed the previously announced merger of the two companies. The newly formed entity consists of the patent portfolio created by Walker Digital, the research and development lab led by renowned inventor, entrepreneur and Priceline (NASDAQ: PCLN) founder Jay Walker. The company will do business as Patent Properties, Inc. while it seeks a corporate name change to Patent Properties, Inc. as expeditiously as possible.

New York, NY, and Stamford, CT – July 15, 2013 – GlobalOptions Group, Inc. (“GlobalOptions”) (OTC BB: GLOI) and Walker Digital Holdings, LLC, a newly formed, wholly-owned subsidiary of Walker Digital, LLC (“Walker Digital”), announced today that they have entered into an agreement to merge. GlobalOptions will then include the patent portfolio created by Walker Digital, the research and development lab led by leading inventor and entrepreneur Jay Walker. The transaction is expected to close in the third quarter of 2013. Following the close of the transaction, GlobalOptions intends to change its name to Patent Properties, Inc.